551 East St
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551 East St
6,500 SF 100% Leased Retail Building Chicopee, MA 01020 $812,500 ($125/SF)
Executive Summary
Multi tenanted retail strip center with excellent frontage on East Street.
Quality tenants with ample off street parking in the rear of the building.
Quality tenants with ample off street parking in the rear of the building.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,500 SF
Year Built/Renovated
1948/2005
Price
$812,500
Price Per SF
$125
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.42
Lot Size
0.36 AC
Zoning
102
Parking
25 Spaces (3.85 Spaces per 1,000 SF Leased)
Frontage
102 FT on East Street
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | CHIC-000072-000000-000029 | Total Assessment | $485,200 (2024) |
Land Assessment | $131,600 (2024) | Annual Taxes | ($1) ($0.00/SF) |
Improvements Assessment | $353,600 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
CHIC-000072-000000-000029
Land Assessment
$131,600 (2024)
Improvements Assessment
$353,600 (2024)
Total Assessment
$485,200 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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551 East St
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